Convert Wrapped USDR WUSDR to Nigerian Naira NGN
WUSDR to NGN: 1 Wrapped USDR converts to NGN 408.88 NGN as of April 10 at 9:01 AM
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About Wrapped USDR
Wrapped USDR is climbing this week. The current price of Wrapped USDR is NGN 408.88 per WUSDR. With a circulating supply of 795,914.939 WUSDR, it means that Wrapped USDR has a total market cap of NGN 322,061,041.12. The amount of Wrapped USDR traded has fallen by -NGN 5,252.67 in the last 24 hours, which is a 96.43% decrease. Additionally, in the last day, NGN 5,447.21 worth of WUSDR has been traded.
The exchange rate of Wrapped USDR is increasing. The current value of 1 WUSDR is NGN 408.88 NGN. In other words, to buy 5 Wrapped USDR, it would cost you NGN 2,044.41 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.002446 WUSDR while NGN 50.00 NGN would convert to 0.1223 WUSDR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.35%. Meanwhile, in the last 24 hours, the rate has changed by 0.27%, and that the highest exchange rate of 1 WUSDR to NGN was NGN 413.80 NGN and the lowest 24 hour value was 1 WUSDR for NGN 399.59 NGN. Last month, 1 WUSDR was worth NGN 422.15 NGN. Today, it's down 0.62%. Looking back a year, Wrapped USDR has changed by NGN 602.77 NGN. That means that in a single year, the value of Wrapped USDR has shrank by 20.37%.
Wrapped USDR Market Stats
wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.
Conversion tables
WUSDR to NGN values from Today at 9:01 am
0.5 WUSDR = NGN 204.44 NGN |
1 WUSDR = NGN 408.88 NGN |
5 WUSDR = NGN 2,044.41 NGN |
10 WUSDR = NGN 4,088.81 NGN |
50 WUSDR = NGN 20,444.07 NGN |
100 WUSDR = NGN 40,888.13 NGN |
500 WUSDR = NGN 204,440.66 NGN |
1,000 WUSDR = NGN 408,881.33 NGN |
NGN to WUSDR values from Today at
NGN 0.50 NGN = 0.001223 WUSDR |
NGN 1.00 NGN = 0.002446 WUSDR |
NGN 5.00 NGN = 0.01223 WUSDR |
NGN 10.00 NGN = 0.02446 WUSDR |
NGN 50.00 NGN = 0.1223 WUSDR |
NGN 100.00 NGN = 0.2446 WUSDR |
NGN 500.00 NGN = 1.22 WUSDR |
NGN 1,000.00 NGN = 2.45 WUSDR |
WUSDR to NGN over time
WUSDR | Today | 24H -0.58% | 1M -3.25% | 1Y -47.42% |
|---|---|---|---|---|
0.5 WUSDR | NGN 204.44 NGN | NGN 205.63 NGN | NGN 211.08 NGN | NGN 301.39 NGN |
1 WUSDR | NGN 408.88 NGN | NGN 411.25 NGN | NGN 422.15 NGN | NGN 602.77 NGN |
5 WUSDR | NGN 2,044.41 NGN | NGN 2,056.27 NGN | NGN 2,110.77 NGN | NGN 3,013.85 NGN |
10 WUSDR | NGN 4,088.81 NGN | NGN 4,112.55 NGN | NGN 4,221.53 NGN | NGN 6,027.70 NGN |
50 WUSDR | NGN 20,444.07 NGN | NGN 20,562.74 NGN | NGN 21,107.66 NGN | NGN 30,138.52 NGN |
100 WUSDR | NGN 40,888.13 NGN | NGN 41,125.48 NGN | NGN 42,215.31 NGN | NGN 60,277.05 NGN |
500 WUSDR | NGN 204,440.66 NGN | NGN 205,627.38 NGN | NGN 211,076.57 NGN | NGN 301,385.23 NGN |
1,000 WUSDR | NGN 408,881.33 NGN | NGN 411,254.77 NGN | NGN 422,153.15 NGN | NGN 602,770.46 NGN |
Frequently asked questions
Right now, 1 Wrapped USDR is worth about NGN 408.88.
Based on the current rate, you could get 0.002446 WUSDR for 1 NGN.
Wrapped USDR price has been on the rise. Since yesterday, the exchange rate of Wrapped USDR has increased. Since last month, the exchange rate of Wrapped USDR has decreased. Since this time last year, the price of Wrapped USDR has decreased.
You can use our WUSDR to NGN calculator at the top of this page to convert any amount of WUSDR to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.01223 WUSDR. Inversely, 5 WUSDR will cost about NGN 2,044.41
Wrapped USDR can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Wrapped USDR.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped USDR, including Golden Inu, HairDAO, and Pepa Inu. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped USDR.
Buy Wrapped USDR with Coinbase Wallet
Create a Coinbase account to buy and sell Wrapped USDR on the most secure crypto exchange.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
